Rebecca Bellan

The Latest from Rebecca Bellan

Car-sharing SPAC Getaround lays off 10% of staff

Peer-to-peer car-sharing company Getaround is laying off 10% of staff starting Thursday. The layoffs are part of a restructure aimed to put Getaround on the path to “sustainable profitability an

Lyft wants to reshape shared micromobility with dockable e-scooter

Lyft wants to see a more organized shared micromobility landscape, with fewer free-floating scooters and more dependable, docked vehicles. To help achieve this vision, the company revealed Thursday it

Car-sharing platform Getaround gets delisting warning from NYSE

The New York Stock Exchange has issued a delisting warning to peer-to-peer car rental company Getaround for trading too low, according to the company. Getaround debuted on the public markets in Decemb

Tesla records $204M loss from bitcoin in 2022

Tesla recorded a $204 million impairment loss in 2022 on its bitcoin holdings, according to regulatory filings. The loss was offset by $64 million in profits from bitcoin trading, leaving the automake

DOJ requests Autopilot, FSD documents from Tesla

The U.S. Department of Justice has asked Tesla for documents related to its branded Full Self-Driving and Autopilot advanced driver-assistance systems, the automaker disclosed in a securities filing.

Hotai Motor exposed thousands of iRent customer documents

Taiwanese automotive conglomerate Hotai Motor exposed reams of personal customer data from its car rental and carshare unit, iRent, until a security researcher found the data online last week. Even th

Elon takes the stand, Akio Toyoda hands over the CEO keys and layoffs come for Waymo

It seems we can’t get through a week without discussing something related to Tesla. Much of the attention was directed at the class-action securities fraud trial in San Francisco.

Finn brings B2B car subscriptions to US

Finn, the Munich-based car subscription startup, is expanding beyond individual consumer rentals in the U.S. and into long-term business rentals. Car subscriptions offer flexibility, maintenance, road

Tier Mobility and Spin lay off 100 more employees

Around a year ago, Tier Mobility was winning the shared micromobility game. Fueled by its $200 million Series D fundraise in October 2021, the company went on to acquire three other micromobility oper

Tesla reports $24.3B revenue in the fourth quarter, beating Street estimates

Tesla just beat Wall Street revenue estimates for the fourth quarter of 2022. The company closed out Q4 with $24.3 billion in revenue, a 37% increase from the same quarter last year and a 13% bump qua

Big factories, big trucks and big Musk: Tesla Q4 earnings expectations

Tesla’s fourth-quarter and full-year 2022 earnings are upon us, and with it expectations from Wall Street for the electric vehicle maker to hit revenue for the quarter of $24.03 billion and adju

Tesla invests $3.6B in two new Nevada factories to build Semis and cells

Tesla is investing $3.6 billion into expanding its existing gigafactory in Nevada. Confirming White House reports from earlier today, the company said it will build two new production facilities in th

Waymo lays off staff as Alphabet announces 12,000 job cuts

Waymo, the self-driving technology unit under Alphabet, quietly laid off workers Monday, according to The Information and several posts on LinkedIn and Blind. The cuts at the autonomous vehicle compan

Lightyear stops production on €250,000 solar-powered EV

Solar-powered electric vehicle maker Lightyear said it’s halting production on its flagship Lightyear 0, its premium EV with a sticker price of €250,000. Despite only starting production on th

Bluedot’s debit card for EV owners offers cheaper charging, cash back

Electric vehicles accounted for nearly 6% of all new cars sold in the U.S. in 2022, an increase from 3.1% the year before, and that number will continue to grow over the coming years. While it’s

Musk said he could have funded a Tesla buyout with SpaceX shares

Elon Musk testified Monday that he was not only certain he’d have the backing from Saudi financiers to take Tesla private in 2018, but also that he could have sold enough shares of his rocket co

Musk oversaw misleading 2016 video saying Tesla drove itself

Tesla CEO Elon Musk oversaw a 2016 video that overstated the capabilities of the automaker’s driver assistance system, Autopilot, according to internal emails viewed by Bloomberg. The emails sho

Musk stands to lose billions in trial over ‘funding secured’ tweet

The question of whether Tesla CEO Elon Musk is a fraud or is just too careless with his words took center stage in a San Francisco court room Wednesday. Under the microscope was Musk’s notorious 201

Self-driving truck startup Waabi brings on Volvo VC as strategic investor

Autonomous trucking startup Waabi has bagged Volvo Group Venture Capital AB, the automaker’s VC arm, as a strategic investor. The companies aren’t disclosing the amount invested, nor many

Gogoro, Belrise JV to spend $2.5B on battery swapping network in Indian state

Gogoro, the Taiwanese paladin for two-wheeler battery swapping, is working with the Indian state of Maharashtra to establish state-wide battery charging and swapping infrastructure. The initiative wil
Load More